The Latest Breaking News from US Federal Reserve

Oct WTI crude oil (CLV24 ) today is up +0.83 (+1.17%), and Oct RBOB gasoline (RBV24 ) is up +4.10 (+2.04%). Crude oil and gasoline prices today rose to 2-week highs and are moderately higher. Crude is climbing today after the Fed's aggressive 50 bp interest rate cut on Wednesday...

The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday.

Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4 tons, equivalent to $7.3 billion, since May, according to data from the World Gold Council, and GLD holdings expanded…

The dollar index (DXY00 ) today is up by +0.36%. The dollar garnered support today after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy. Also, higher T-note yields today have strengthened the dollar’s interest rate differentials. The dollar fell back...

Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.

The S&P 500 Index ($SPX ) (SPY ) today is up by +1.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +1.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +2.32%. Stocks today are sharply higher, with the S&P 500 and Dow...

The Fed's jumbo rate cut and a lower-interest rate environment could be a game-changer for many stocks, especially those that have struggled under high interest rates.

Plus: The Federal Reserve cut interest rates, Congress still isn't cutting spending, and more....

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week